Sambhv Steel Tubes IPO
Sambhv Steel Tubes IPO — date, price band, lot size & details 2025
Sambhv Steel Tubes listed on 2 Jul 2025 at ₹110, 34.1% above the ₹82 issue price.
Sambhv Steel Tubes makes electric resistance welded steel pipes and structural tubes at Tilda near Raipur in Chhattisgarh. Its distribution network covered 15 states and one union territory on 31 December 2024.
Stock price
Sambhv Steel Tubes is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 10 November.
- Open 25 Jun 2025
- Close 27 Jun 2025
- Allotment 30 Jun 2025
- Refund/credit 01 Jul 2025
- Listing 02 Jul 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 25 to 27 Jun, 2025 |
|---|---|
| Price Band | ₹77 – ₹82 |
| Face Value | ₹10 |
| Lot Size | 182 Shares |
| Issue Size | ₹540 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 4.00 per share |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 14,924 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 182 shares at the ₹82 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 182 | ₹14,924 |
| Retail (max) | 13 | 2,366 | ₹1,94,012 |
| S-HNI (min) | 14 | 2,548 | ₹2,08,936 |
| S-HNI (max) | 67 | 12,194 | ₹9,99,908 |
| B-HNI (min) | 68 | 12,376 | ₹10,14,832 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 820.75 crore in FY2022 to Rs 1,289.38 crore in FY2024.
- 02Net worth rose from Rs 149.30 crore on 31 March 2022 to Rs 478.46 crore on 31 December 2024.
- 03Rs 390.00 crore of the fresh issue was for reducing debt.
- 04Return on equity was 25.42% and the EBITDA margin was 12.43%.
- 05Rs 440.02 crore of the Rs 540 crore issue was fresh capital for the company.
Risks · 7
- 01The P/E was 44.54 at the upper band of Rs 82, based on post-issue EPS of Rs 1.84.
- 02Total borrowing rose from Rs 346.88 crore on 31 March 2024 to Rs 619.15 crore on 31 December 2024.
- 03Profit after tax was Rs 40.69 crore in the nine months to 31 December 2024, against Rs 82.44 crore for all of FY2024.
- 04Profit after tax fell from Rs 72.11 crore in FY2022 to Rs 60.38 crore in FY2023.
- 05Steel pipes are a cyclical product, and all production comes from 1 plant at Tilda in Chhattisgarh.
- 06The PAT margin was 6.41% on the figures at the source.
- 07Promoters held 71.9% before the issue and held 57.4% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Sambhv Steel Tubes offer document.
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1,411.82 | 940.13 | 552.14 | 458.51 |
| Total Income | 1,018.81 | 1,289.38 | 939.00 | 820.75 |
| Profit After Tax | 40.69 | 82.44 | 60.38 | 72.11 |
| EBITDA | 106.37 | 159.87 | 117.30 | 124.52 |
| NET Worth | 478.46 | 438.28 | 210.40 | 149.30 |
| Reserves and Surplus | 197.28 | 190.31 | 129.21 | |
| Total Borrowing | 619.15 | 346.88 | 282.77 | 241.29 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Sambhv Steel Tubes RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Sambhv Steel Tubes IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹3.42 | ₹1.84 |
| P/E Ratio (x) | 23.97 | 44.54 |
| Market Cap at Offer Price (₹ Cr) | ₹975.61 | ₹1,813.36 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹82 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹446.26 Cr of the issue is earmarked to named objects.
Sambhv Steel Tubes IPO Anchor Investors
19 anchor investors across 13 fund houses committed ₹161.26 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
The company sources iron ore from a Navratna public sector miner and coal through a Maharatna public sector company. The coal mines are about 250 kilometres from the plant.
The distribution network covered 15 states and one union territory on 31 December 2024. It includes Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan and Uttar Pradesh.
The IPO was Rs 540 crore, with Rs 440.02 crore of fresh issue and Rs 99.98 crore of offer for sale. Rs 390.00 crore of the fresh money was planned for repaying borrowings.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Sambhv Steel Tubes IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Nuvama Wealth Management Ltd.
23 issues handledBest listing: Laxmi Dental (+26.6%). Weakest: Ajax Engineering (-8.4%).
Motilal Oswal Investment Advisors
40 issues handledBest listing: GNG Electronics (+49.8%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Sambhv Steel Tubes?
The current Grey Market Premium is ₹13, or 16% over the issue price.
What is the Sambhv Steel Tubes IPO price band?
₹77 to ₹82, on a face value of ₹10.
When is the allotment?
The basis of allotment is 30 June 2025, with listing on 2 July 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
